Mixed-Use Retail and Residential
1718 Hylan Boulevard Staten Island, NY 10305
For Sale
Contact for pricing
Property includes one commercial storefront and one residential unit with two bedrooms and one full bathroom.
Property Size1,820 SF
Price / SF$658.24
Days on Market124
Property Features for 1718 Hylan Boulevard
General Information
- Standard status
- Active
- Size
- 1,820 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1966
Listing Agency:
Momentum Real Estate LLC
(718) 382-0001
Listed By:
MeiJuan Lin · License #10401310408
Source:
Crexi
Added: Mar 25
Changed: Jul 23
Last Checked: Jul 24 at 6:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Momentum Real Estate LLC
Investment Insights
Based on property information with market context.
This mixed-use property features one commercial storefront and one residential unit. The residential portion is well maintained and offers two bedrooms and one full bathroom.
The building is located on Hylan Boulevard in Dongan Hills, Staten Island, and is described as being positioned for high traffic and strong visibility. Public remarks note convenience to shopping, dining, and public transportation.
For the commercial space, the public remarks state it is slated to become a fried chicken restaurant. The public remarks also indicate that a portion of the property taxes is covered by both tenants, which may help offset ownership costs.
The building is located on Hylan Boulevard in Dongan Hills, Staten Island, and is described as being positioned for high traffic and strong visibility. Public remarks note convenience to shopping, dining, and public transportation.
For the commercial space, the public remarks state it is slated to become a fried chicken restaurant. The public remarks also indicate that a portion of the property taxes is covered by both tenants, which may help offset ownership costs.
Key Highlights
- Mixed‑use building built in 1966 with one commercial storefront and one residential unit
- Residential unit features 2 bedrooms and 1 full bathroom
- Commercial storefront is slated to become a fried chicken restaurant
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $87.4k | $48.00 |
| − Vacancy | −$7.4k | −$4.08 |
| EGI | $79.9k | $43.92 |
| − OpEx | −$36.0k | −$19.76 |
| NOI | $44.0k | $24.16 |
1,820 SF · lease $48.00/SF/yr · vacancy 8.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$628.1K
$549.6K – $732.7K
NOI $43,964 @ 7.0% cap · market cap 3.67%
Second Best
Specialty Retail
$565.8K
$495.1K – $660.1K
NOI $39,607 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$868.4K
$759.9K – $1.01M
NOI $60,788 @ 7.0% cap · market cap 5.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Blend's Bakery and Grill
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Property includes one commercial storefront and one residential unit with two bedrooms and one full bathroom.
Where is this conventional restaurant located?
The property is located at 1718 Hylan Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $1,198,000.
What are key features of this property?
This property features: Mixed‑use building built in 1966 with one commercial storefront and one residential unit; Residential unit features 2 bedrooms and 1 full bathroom; Commercial storefront is slated to become a fried chicken restaurant
